Funding you earn now, next payment 02:00 UTC+0.0363%/8h= +39.8% APRpaid last 24h +0.104%
Price spread now: Bybit against tradeXYZ+0.091%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.695% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.091%, 7d avg +0.135%
=Together, before fees+0.103%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.044% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.091% now, against its 7-day average of +0.135%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.082% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NFLX | 73.403 | 0.0050 | pay 0.0006% / 1h | 59m 06s | $5.0M | $2.9M | 10x |
| Short | Bybit NFLXUSDT | 73.470 | 0.0413 | get 0.0413% / 8h | 6h 59m | $1.3M | $903K | 50x |
tradeXYZ xyz:NFLX
Bybit NFLXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $76.28
- Price spread: +0.091% → +0.135%
- −$4.4
- Slippage, 4 orders
- −$40.49
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $2.38
- Costs to cover
- 0.695%
- Break-even
- 6.8 days
Slippage from tradeXYZ: live order book, 9 min ago; Bybit: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 9 min ago | 0.95 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.12 bp | 21.3 bp −$21 | 173.2 bp −$1,732 | doesn't fit | doesn't fit |
NFLX on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.436 | +0.046% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.480 | +0.105% | $883K | $883K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.420 | +0.023% | $1.1M | $1.5M | 10x | as long as short |
| Gate NFLX_USDT | 0.0000% | 8h | 73.520 | +0.159% | $1.4M | $1.2M | 25x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.490 | +0.119% | $4.3M | $547K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.493 | +0.123% | $1K | $4.9M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.417 | +0.019% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.490 | +0.119% | $1.4M | $328K | 10x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.410 | +0.010% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.387 | −0.021% | $16K | $29K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Gate NFLX_USDT
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLXlong | +0.0050% | 1h | 73.403 | long leg | $5.0M | $2.9M | 10x | |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.430 | +0.037% | $64K | $151K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.430 | +0.037% | $151K | $37K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.481 | +0.106% | $225 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0220% | 8h | 73.478 | +0.102% | $94K | $139K | — | as long as short |
| Injective NFLX/USDC PERP | +0.0220% | 1h | 77.780 | +5.963% | $87K | $74K | 12x | as long as short |
| Binance NFLXUSDT | +0.0226% | 8h | 73.480 | +0.105% | $5.4M | $5.4M | 20x | as long as short |
| Phoenix NFLX | +0.0229% | 1h | 73.433 | +0.041% | $12K | $76K | 10x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0266% | 8h | 73.500 | +0.132% | $550 | $150K | 10x | as long as short |
| BloFin NFLX-USDT | +0.0376% | 8h | 73.480 | +0.105% | $47K | $82K | 20x | as long as short |
| Bybit NFLXUSDTshort | +0.0413% | 8h | 73.470 | +0.091% | $1.3M | $903K | 50x |
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Injective NFLX/USDC PERP
Binance NFLXUSDT
Phoenix NFLX
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT